..Like you Chy3a , I have to wonder why the Litigation Trust doesn't provide us more details on their progress.
.. The Litigation Trust has nearly 14 million dollars to pursue claims, which is borrowed money. The Litigation Trust does not provide us their fee schedule or how much is owed to Class A Litigation Trust Units. As we all know the Class A LTU's have to paid first.. Then the Class B LTU's are next in line to be paid..
..The valid Bankruptcy Claims have been mostly paid, as far as I know. If someone know something otherwise, it would be good to hear the details..
..The equity claims have been converted to Class B Litigation Trust Units. If this has been finalized , not sure yet. Also the Utah Retirement Systems is the Lead Plaintiff in a Shareholder lawsuit. Which they appear to be winning handily. My hope is that this will work in our favor, in some way..
..It appears to me that the Litigation Trust Report gives us limited information, other than an unaudited financial statement.. Hope more more good news will be on the way. GLTA Class B Holders
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